Swaps
Dynamic Swap Engine
Asterisk uses the same hybrid swap engine seen in other modern DEXs. We use a different swap algorithm depending on how closely correlated assets are to one another.
vAMM — for assets with low price correlation, Asterisk's uses the Uniswap V2 swap algorithm (x*y=k)
sAMM — for closely correlated assets, Asterisk's uses the Solidly stable-swap algorithm (x^3y*y^3x≥k)
Swap Fees
Asterisk's adapted fee structure enables competitive swap prices, as well as strong revenue generation for veAST voters, leading to an increase in both locking rates and incentives for liquidity provisions.
vAMM : 0.20%
sAMM : 0.01%
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